9.1 Auditing Services 9.1.1 Annual auditing services to maintain compliance with the State of Kansas requirements. Each audit covers a period of one year, beginning July 1 and ending June 30 of the following calendar year. 9.1.2 Compilation of financial statements for the Union Corporation and other reports 9.1.3 Provide in the broadest sense, specialized services that may be required to address accounting, financial reporting, and tax related matters for a large, public research university. 9.2 Tax services 9.2.1 Annual tax services to maintain compliance with IRS and the State of Kansas requirements. 9.2.2 Assist in the preparation of the annual tax returns for the Union Corporation 9.2.3 Provide technical expertise on tax issues related, but not limited to international operations and reviews or analysis of specific activities to determine foreign tax implications 9.3 Communication 9.3.1 Maintain regular contact throughout the year, and meet with management and as needed the board of directors 9.3.2 Engagement planning meeting 9.3.3 Periodic progress reports of where the audit process is currently at and any roadblocks in achieving deadlines 9.3.3.1 During year end field work, there is a minimum of weekly status updates/reports.
